---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-046240"
form_type: "8-K"
ticker: "HCA"
cik: "0000860730"
company_name: "HCA Healthcare, Inc."
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T16:10:35.878345+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# HCA appoints McAlevey as EVP – Chief Legal & Admin Officer; CFO Rutherford to retire May 1

## Summary
- CEO Hazen target award 170% of base salary; COO Foster 125%; CFO Rutherford retiring May 1, 2024, not participating.
- Michael R. McAlevey appointed EVP – Chief Legal & Admin Officer effective April 1, 2024; base salary $990,000; equity award $500,000.
- Executive Officer PEP: 80% EBITDA-weighted, 20% quality metrics; payout range 25%-200% of target.
- PEP quality metrics: Healthcare-Associated Infections & Sepsis (30%), Complication & Mortality (30%), Care Experience (40%).
- If actual EBITDA <90% of target, no quality payout; clawback and adjustment provisions apply.

## SEC filing metadata
- accession: 0001193125-24-046240
- form_type: 8-K
- ticker: HCA
- cik: 0000860730
- company_name: HCA Healthcare, Inc.
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/860730/000119312524046240/0001193125-24-046240-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860730/000119312524046240/d789841d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-046240
- JSON: https://secwatch.observer/filing/0001193125-24-046240.json
- Plain text: https://secwatch.observer/filing/0001193125-24-046240.txt

## Key facts
- Executive change
  William B. Rutherford departed as Executive Vice President and Chief Financial Officer at HCA Healthcare, Inc..
  - Action: retire
  - Role: Executive Vice President and Chief Financial Officer
  source text: William B. Rutherford intends to retire as Executive Vice President and Chief Financial Officer, effective May 1, 2024, and will therefore not participate in the Executive Officer PEP.
  evidence_url: https://www.sec.gov/Archives/edgar/data/860730/000119312524046240/0001193125-24-046240-index.htm
- Executive change
  Michael R. McAlevey was appointed as Executive Vice President – Chief Legal and Administrative Officer at HCA Healthcare, Inc..
  - Action: appointed
  - Role: Executive Vice President – Chief Legal and Administrative Officer
  source text: • 85% of base salary for Michael R. McAlevey, our Senior Vice President and Chief Legal Officer (to be increased to 100%, effective April 1, 2024, in connection with Mr. McAlevey’s appointment as Executive Vice President – Chief Legal and Administrative Officer).
  evidence_url: https://www.sec.gov/Archives/edgar/data/860730/000119312524046240/0001193125-24-046240-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.